Separate Security. 20.1 This Agreement and the Security Interest are in addition to and not in substitution for any other security now or hereafter held by the Secured Party in respect of the Debtor, the Obligations or the Collateral.
Separate Security. This Agreement and the Security Interest are in addition to and not in substitution for any other security now or hereafter held by the Lender in respect of the Borrower, the Obligations or the Collateral and any other present and future rights or remedies which the Lender might have with respect thereto.
Separate Security. This Deed and the hypothec and security interest created herein, are and shall be in addition to and not in substitution for, any other security held by the Hypothecary Representative, the Collateral Agent or any of the other Secured Parties or any one thereof in connection with any Note Documents.
Separate Security. This agreement and the Security Interest are in addition to and not in substitution for any other security now or hereafter held by either or both of the Agents in respect of the Debtor, the Secured Obligations or the Collateral.
Separate Security. Clauses 4.1 (The Fixed Security) shall be construed as creating a separate and distinct mortgage, fixed charge or assignment by way of security over each relevant asset within any particular class of assets defined under this Deed and the failure to create an effective mortgage, fixed charge or assignment by way of security (whether arising out of this Deed or any act or omission by any party) on any one asset shall not affect the nature of any mortgage, fixed charge or assignment imposed on any other asset whether within that same class of assets or not.
Separate Security. Articles 2, 3, 4, and 5 of this Mortgage shall each provide separate and independent security for the Indebtedness with the effect that, in the event that the lien, operation, and effect of any one or more of such Articles shall be removed or extinguished for any reason and by any means, the lien, operation, and effect of the remaining Article(s) shall not be impaired or diminished until such time as all Indebtedness is repaid in full.
Separate Security. The present Deed and the Liens created herein, are and shall be in addition to and not in substitution for any other security held by the Creditor for the fulfilment of the Obligations and shall thus not operate as a novation of any Obligation.
Separate Security. The security granted to the Creditor under these presents shall be in addition to and without prejudice to or novation of any other security, by whomsoever given, held at any time by the Creditor, and the Creditor shall be under no obligation to exercise any right, whether hypothecary or otherwise, or realize upon such other security or any of the funds or assets the Creditor may be entitled to receive or have a claim upon and the Creditor may in its absolute discretion and without diminishing the security created hereunder, grant extensions of time or other indulgences with respect to the Obligations and security given therefor and give up or modify, vary, exchange, renew or abstain from perfecting or taking advantage of any security and may discharge any party or parties and accept or make any compositions or arrangements and realize upon any security when and in such manner as the Creditor may see fit and such security shall not be reduced, affected or amended by these presents.
Separate Security. This Agreement and the hypothecs created herein are and shall be in addition to and not in substitution for any other security held by any one of the Secured Parties or the Canadian Agent for the fulfillment of the Credit Obligations and shall thus not operate as a novation of any of the Credit Obligations. The Grantor shall, if applicable, be in default by the mere lapse of time, without any notice putting the Grantor in default being required.
Separate Security. This Deed and the hypothec created herein, are and shall be in addition to and not in substitution for, any other security held by the Attorney, the Debentureholders or anyone thereof for the fulfilment of the Obligations and shall thus not operate as a novation of any Obligation of the Grantors towards the Attorney, the Debentureholders or anyone thereof. Section 11.3
